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...country-club membership. But comparatively few are aware of another way of saving by the wise use of trusts and foundations, which can be set up for either charity or personal projects, and often reward the taxpayer with huge savings. Until recently only taxpayers in the 80% tax bracket ($500,000 or more annual taxable income on a joint return) took full advantage of trusts. Now, thousands upon thousands of smaller taxpayers in the 22% ($10,000 annually) and up brackets are learning that they, too, can reap impressive savings. And the number is growing so fast that Congress...

Author: /time Magazine | Title: TAX DEDUCTIONS: How To Save Money By Giving It Away | 6/17/1957 | See Source »

...other regulars, only Walt Stahura and John Getch broke .300. Stahura hit at a .309 clip and led the team with nine stolen bases. Getch amassed the second highest number of hits, 19, and batted .302. Bob Cleary narrowly missed the .300 bracket by two points...

Author: NO WRITER ATTRIBUTED | Title: Subrin to Manage Baseball | 5/25/1957 | See Source »

Poletti was defeated by George West of Haverford (Pa.) School in the championship tournament, then dropped only two matches in the six rounds of the consolation bracket. He eliminated freshman teammates Eddie Vaughan in the second round and Nick Lamont in the quarter-finals. Peter Keyes, the other freshman entrant, was eliminated in the first consolation round...

Author: NO WRITER ATTRIBUTED | Title: Poletti Takes Title In Squash Tourney | 4/9/1957 | See Source »

...Pete's sake, why does everybody have to refer to fortyish Torch Singer Roberta Sherwood as "middle-aged"? Speaking for myself and all us girls in this interesting age bracket, my spread has not changed status one bit in the last 20 years; furthermore, I am not now and never will be middleaged. CONSTANCE SANDERSON Brockton, Mass...

Author: /time Magazine | Title: Letters, Apr. 8, 1957 | 4/8/1957 | See Source »

Died. Belle Livingstone, ninetyish, exuberant, high-living hostess who gave a gold-faucet elegance to the era of bathtub gin as the manager of a string of high-bracket ($5 a drink for "Jersey champagne"-grape juice and ethyl alcohol) Manhattan speakeasies; in New York City. Belle maintained (in Belle of Bohemia, a wildly inventive autobiography) that she was discovered under a sunflower in Emporia, Kans. by her foster parents, married four times and spent money faster than she could inherit or divorce it. She called her saloons "salons," outfitted them with overstuffed divans because she felt too many heads...

Author: /time Magazine | Title: Milestones, Feb. 18, 1957 | 2/18/1957 | See Source »

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